India gears up for sweeping crypto regulations with new consultation paper
The Indian government is preparing to introduce comprehensive regulations for the crypto sector, local media reported on Aug. 22. Sources familiar with the matter said…
Category: Crypto Slate
AVAX rebounds 7% as Grayscale and Franklin Templeton join network
Avalanche’s AVAX token surged nearly 7% to around $25 following the announcement that major institutional firms — Grayscale and Franklin Templeton — were expanding their products…
Tron founder Justin Sun predicts $4 billion revenue boost with meme strategy
Tron founder Justin Sun believes the blockchain’s revenue could soar to $4 billion within the next year if its current meme strategy proves successful. In…
One Bitcoin now buys over 10,000 Big Macs, up from just 51 in 2015
Bitcoin’s purchasing power, as measured by the Big Mac Index, has significantly increased over the past decade. In 2024, one Bitcoin can buy approximately 10,500…
Antpool mines consecutive Bitcoin blocks, earns nearly $2 million amid Babylon staking surge
Quick Take Antpool has recently mined two consecutive Bitcoin blocks, securing nearly $2 million in total revenue from both block subsidies and transaction fees, according…
Coinbase to support Polygon token upgrade from MATIC to POL
Crypto exchange Coinbase said it would support the Ethereum layer-2 network Polygon planned token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL).…
Stablecoins hold around 1% of US Treasury bills today – Bitwise
Quick Take Juan Leon, Senior Investment Strategist at Bitwise Invest, highlights the growing influence of stablecoins in the US Treasury bill market. Currently, stablecoins hold…
Coinbase exec confirms talks with Kamala Harris campaign on crypto policy direction
Vice President Kamala Harris‘ team has been reaching out to key players in the crypto industry as part of an effort to mend the strained…
Job data revision exposes softer labor market
Quick Take In economic analysis, monthly data scrutiny is a cornerstone for understanding macroeconomic trends. Both analysts and the Federal Reserve rely heavily on these…
Former FTX exec files lawsuit as exchange announces reorganization gains support
Bankrupt crypto exchange FTX announced on Aug. 21 that its reorganization plan has garnered strong preliminary support from creditors. According to FTX, over 95% of…